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Back 1 Beach Parade
Off Market

1 Beach Parade

Canton Beach NSW 2263

8
5
1
715 m²
Apartment
Mark GriffithsMark Griffiths, last sold this property on 26 May 2025 after 89 days on market.

Overview

Great return for lakeside paradise! Investors take note, an extremely rare opportunity to purchase an entire block of 5 units, situated directly opposite the beautiful Canton Beach Lakefront. This block of 5 units has an impressive rental yield, with a potential "effective yield" of over 6% PA with the leverage of a comprehensive tax depreciation schedule. Comprising of 2 x 1 bedroom and 3 x 2 bedroom units, with all units being recently renovated (units 3 and 5, which are the 1 bedroom units, were previously renovated) Please note that the internal photos are of unit 1 (display unit) which is currently used by the owners. Saturday open homes and/or initial inspections will be on unit 1 as a display unit. Genuinely interested parties will then be invited to inspect the remaining 4 units strictly by private appointment. All units are recently renovated and a tax depreciation schedule reflecting the improvements can be provided to serious purchasers. Current Rental Return: Unit 1 - Display unit - potential

Features

8 bedrooms
5 bathrooms
1 carspace
1 garage space
715 m² lot size
Apartment

Estimated Value

We need at least 3 similar 8 bedroom apartments sold in Canton Beach over the last 12 months.

Property history for 1 Beach Parade

2025
Sold
Undisclosed
Private Sale/Treaty on 26 May 2025 by Mark Griffiths, of Harcourts Residential & Lifestyle
2023
Sold
Undisclosed
04 Sep 2023 by Murray Field, of Field Property Partners
2014
Sold
Undisclosed
03 Jun 2014 by Murray Field, of Field Property Partners

Happy sellers in Canton Beach

~%

We have insufficient information to provide an overview of customer satisfaction for Canton Beach. Viewing the agent profiles, reviews and sales for Canton Beach can provide insights for this location.

Local market activity for 8 bedroom apartments in Canton Beach

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Canton Beach

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Aaron Reibelt

Sellers who recommend Aaron Reibelt have praised them for being clear communication, local expert, honest, responsive, supportive, reliable and friendly

  •   4.9   (709 reviews)
  •  1 Review in Canton Beach
  •  1 Sale in Canton Beach
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Mark Griffiths

Mark Griffiths is a recommended agent for Canton Beach.  They have 6 local sales across the last 12 months.

  •   5   (47 reviews)
  •  6 Sales in Canton Beach
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Andre Kubecka

Sellers who recommend Andre Kubecka have praised them for being clear communication, local expert, responsive, supportive, reliable, honest and great negotiation

  •   4.9   (421 reviews)
  •  3 Sales in Canton Beach
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Matt Rogers

Matt Rogers is a recommended agent for Canton Beach.  They have 1 local sale across the last 12 months.

  •   4.9   (145 reviews)
  •  1 Sale in Canton Beach
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